market, where any gains and losses offset each other.

million in $2013,$ $$41$ million in $2014,$ $$54$ million in $2015,$ $$48$ million in $2016,$ $$412$ million in $2017,$ and $$1\mathrm{.}5$ billion thereafter.

Assume below is a summary of the market values of the Southwest Airlines' bonds maturing from $2017$ to $2032($from Capital IQ$).$

$($a$)$ What is the amount of long$-$term debt reported on Southwest's $2012$ balance sheet?

$

What are the scheduled maturities for this indebtedness? Year $($ $ millions$)$

Southwest's $$385$ million $6\mathrm{.}5\%$ notes traded at $97\mathrm{.}290,$ or $97\mathrm{.}29\%$ of par, as of December $2013.$ What is the market value of these notes on that date?